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ANZ Business Overdrafts

Need help with cash flow? Our overdrafts offer flexible payment options and provide you with peace of mind.

1800 519 750

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Apply online for overdrafts up to $100,000 in 20 minutes


ANZ Online Business Lending

Use your accounting software data* to quickly and easily apply for unsecured lending online.disclaimer

  • ANZ Business Overdraft: Borrow up to $100,000 to manage cash flow ups and downs.
  • ANZ Next Step Business Loan: Borrow up to $200,000 at  under the Government Guarantee Scheme and tackle whatever’s next for your business.

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*Eligible accounting software: Xero, Intuit QuickBooks, MYOB AccountRight

Why an ANZ Business Overdraft?

Helps you keep doing business

Withdraw money up to your approved limit when you need to, and make deposits when your business receives payments.

Flexible solutions

Our overdrafts have a minimum amount of $2,000.

ANZ has a range of overdrafts available depending on the particular needs of your business. Speak to an ANZ Business Banker today to find out more.

Competitive interest rates

We offer competitive variable interest rates for our business overdrafts. Certain fees and charges apply including a Credit Facility Fee and an approval fee.

Choice of secured or unsecured finance

The overdraft can be unsecured (an individual/director’s guarantee may be required), or secured by residentialdisclaimer, commercial or rural property, business assets or a combination of these.

Easy access with a transaction account

Use your transaction account to access the money via ANZ Internet Banking (or ANZ Internet Banking for Business if you have it), ANZ Phone Banking, ANZ ATMs, ANZ branches and more.disclaimer

No minimum or maximum term

Our overdrafts let you choose a term that suits your needs.

Your questions answered

What’s the difference between an overdraft and a business loan?

Business loans and overdrafts are both lending options. They both involve borrowing money from the bank, but under different conditions and for different reasons. They can help businesses stay afloat or get ahead by providing much-needed funds precisely when they’re needed.

What is a business loan?

Business loans are granted for a specific time period. For instance, you may only need a short-term loan to finance a phone system upgrade that you’ll pay off quickly. On the other hand, you’ll probably need a longer term for paying off expensive manufacturing equipment, company cars or property.

What is an overdraft?

Overdrafts are a borrowing option set up through your bank to help you manage your short-term cash flow needs. They’re sometimes called revolving credit facilities and are part of your business bank account.

How do overdrafts work?

Overdrafts are used only when needed, such as when buying new stock or increasing cash flow. They’re intended to tide a business over temporarily. For example, if a customer places a large order and will be paying in 30 days, you may need to tap into your overdraft to buy raw materials or stock to fulfil that order. Once the customer pays, you can pay off the debt.

When your account has an overdraft facility, you can draw more money on the account than your credit balance. For example, if you have $15,000 credit in your overdraft account but need to cover $20,000 in payroll for the month, you could withdraw the cash you have on hand along with the extra $5,000 needed for payroll without having to take out a business loan.

Do I need to pay interest on an overdraft?

Because an overdraft is a type of lending facility, you will need to pay it back, and yes, there will be interest to pay as well.

When you establish an overdraft account, you’ll be given a maximum limit of how much you can withdraw. Withdrawals don’t need to be for a specific amount. You can withdraw small or large amounts, up to your limit, as needed.

Interest applies only to the balance outstanding, not the full amount. So, if you have a $30,000 overdraft account but only use $5,000, interest will only be applied to the $5,000 outstanding balance.

How many overdrafts can I have?

An overdraft facility can be linked to any eligible business account, but only one overdraft per business. Contact your Business Banker today to find out more.

How can I find out more about business loans and overdrafts?

Your Business Banker can help you better understand the differences between business loans and overdrafts so you can choose the best option for your needs. Contact us today to find out more.

Get in touch

1800 519 750

Mon-Fri 8.30am to 8pm (AEST)


Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider whether it is appropriate for you.

ANZ recommends you read the applicable Terms and Conditions and the ANZ Financial Services Guide (PDF 104kB) before acquiring the product.

All applications for credit are subject to ANZ's normal credit approval criteria. Terms and conditions and Fees and charges apply.

For an unsecured loan you won’t need to provide an asset as security, although a personal guarantee may be required (for example from company directors).


Residential property does not include property development or speculative residential construction.


Temporary service interruptions may occur. Technical requirements apply.